Garrigues posted revenues of €386.9 million in 2020. Its growth – 1.4% in euros compared with 2019 – was curbed by the sharp fall in the exchange rate in the Latin American countries where the firm is present due to the pandemic’s impact on their economies: at a constant exchange rate and scope, the firm’s revenues grew 3.6% in 2020.
Garrigues has boosted the tax department in Portugal by taking on Miguel Pimentel to coordinate the Portuguese international taxation practice. Pimentel joins partners Pedro Miguel Braz, department director and coordinator of the Portuguese tax litigation practice, and Fernando Castro Silva, in charge of the tax advisory practice, on the task of leading a team with more than thirty practitioners. Garrigues tax department has in this way strengthened its positioning in the Iberian market: today it was recognized for another year running as Tier 1 in the Chambers Europe directory for both Portugal and Spain.
‘Becoming Net Zero’, Garrigues’ initiative for energy efficiency and sustainability, has been chosen by Comunidad #PorElClima to form part of the 101 examples of actions implemented by businesses to combat the climate emergency. Comunidad #PorElClima is a multi-stakeholder alliance focused on implementing the Paris Agreement in Spain and recognizing the commitment and ambition by Spanish companies to bring about climate change. In this, the third edition, 62 large companies and 39 small and medium-sized companies from over 20 different business sectors have been chosen. Garrigues is the only law firm singled out in the legal sector.
Garrigues has launched the anti-trust, economic regulation and intellectual property practice in Lima, bringing on board lawyer Ivo Gagliuffi and economist Javier Coronado. With more than twenty years’ experience in the public and private sector, the pair will coordinate the practice and provide an integrated approach, from both a legal and economic standpoint, giving it a competitive advantage in the Peruvian market.
Universidad Pontificia Comillas and Garrigues have signed an agreement to create the Garrigues-ICADE LegalTech Observatory. This new observatory, which will form part of the Faculty of Law of Universidad Pontificia Comillas (Comillas ICADE), through the Center for Innovation in Law (CID-ICADE), is a project that was created with a view to having an impact on the legal, corporate and academic world and to encouraging the study and dissemination of the interconnection between law and technology.
Garrigues has received the award for the “Most Innovative Law Firm of Continental Europe’ in the ‘FT Innovative Lawyers Awards’ organized each year by the prestigious newspaper Financial Times and the specialized consultant RSG Consulting. The awards ceremony was held for the first time as a virtual gala, which accentuated the importance of the role of collaboration in a year marked by the COVID-19 public health crisis.
Garrigues has been named 'International Tax Firm of the Year in the Americas' in the fifteenth edition of the International Tax Review (ITR) tax awards. The ceremony was held online last night due to the special conditions imposed by COVID-19.
Garrigues has appointed Miriam Barrera and Óscar de Santiago as the new joint partners in charge for Catalonia, Aragón and the Balearic Islands. They replace Fernando Rey, who headed that region since 1998.
Garrigues scooped up the award for “Law Firm of the Year: Spain” handed out every year by the Euromoney journal, the International Financial Law Review (IFLR). This is the seventh time the firm has received this European award in recognition of its work.